£173,691
This estimated value is based upon the latest sale price for the house of £142,000 on 22 May 2020. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £142,000 | 22 May 2020 |
| £115,000 | 2 Oct 2019 |
| Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 sq feet |
This model uses changes in the Official Land Registry House Price Index for CUMBRIA to estimate the market value.
When this house was purchased in May 2020 the House Price Index for CUMBRIA was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.318%.Applying this 22.318% change to the original purchase price of £142,000 results in an estimated price of approximately £173,691.
| 22 May 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.318 % | £142,000 | £31,691 | £173,691 |
The Postcode Pricing Model uses changes in average sales price within the CA28 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 7.218 % | £10,249 | £152,249 |
| 3 Month Average | 24.609 % | £34,945 | £176,945 |
| 6 Month Average | 6.604 % | £9,377 | £151,377 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £131,903 | £129,950 | 60 THORNTON ROAD |
| 17 Nov 2023 | £427,834 | £421,500 | 3 WINDSOR COURT |
| 7 Sep 2023 | £379,857 | £375,000 | 5 THE GRANGE |
| 3 Mar 2023 | £191,807 | £190,000 | 28 JERICHO ROAD |
| 2 Mar 2023 | £247,330 | £245,000 | 21 JERICHO ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 26 Aug 2015. Using an estimated price of £173,692 means this house is valued at £1,790 per sq meter (£166 per sq foot).
The average size of a house on JERICHO ROAD is 73 sq meters (792 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Jericho Road |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Jericho Road |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Windsor Court |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greenlands Close |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Greenlands Close |